China's CNOOC has achieved record production of oil and gas from its Deep Sea 1 field, boosting the country's energy self-sufficiency.
The China National Offshore Oil Corporation has boasted record crude oil and natural gas production from the country’s first independently built ultra- deepwater field dubbed Deep Sea 1. Per Xinhua, the field has so far yielded a cumulative 9 billion cubic meters of natural gas and over 900,000 cu m of crude oil . This production is set to rise further as
announced a new natural gas discovery, also in ultra-deep waters in the South China Sea. According to the state company, reserves at the Lingshui- 36-1 field stand at over 100 billion cu m.
China Oil And Gas Deepwater Field South China Sea Production Energy Security Self-Sufficiency Natural Gas Crude Oil
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